Categories: Finance and Commerce

Nordstrom confirms it will lose two stores in weeks – but shoppers are not left in dark over what will come next

A slew of Macy’s locations are in the process of shutting down.

“I am devastated,” they said.

The stores tend to have features such as batting cages and golfing simulators.

“These stores could play a critical role in the coming months as apparel retailers continue to see a slowdown in consumer spending,” Lauren Hobart, the CEO of Dick’s Sporting Goods, said.

Bed Bath & Beyond has closed all of its brick-and-mortar stores and is now an online-only retailer.

Company chiefs admitted the decision to close the outlet was tricky.

The Nordstrom store in the Northshore Mall in Peabody – located around 17 miles from Boston – will close on January 31, per the CBS affiliate WBZ-TV.

Meanwhile, a Dick’s House of Sport outlet will be opening at the mall in Peabody.

But the closures do not stop there as the Nordstrom outlet in Braintree – located at the South Shore Plaza mall, around 30 miles from Peabody – will close on March 8.

“Sign of the times,” a shopper lamented.

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“Didn’t expect to come to work hearing that,” Lori Sarofeen, who works in the cosmetic department, told the NBC affiliate WCAU-TV.

“Oh my goodness, everything is closing,” one shopper posted on Facebook.

“And it’s closing in like three weeks.”

Bosses have been pleased with their impact.

US braces for ‘45,000 store closures’

Some 45,000 bricks-and-mortar stores could close in the next five years, experts have warned.

A Dick’s Sporting Goods store will open at the Braintree mall.

Chiefs unveiled plans to close 150 stores over three years.

End of an Era: Party City Closes All Stores After 40 Years

“We believe we’ll be best able to serve customers in the area by leveraging our surrounding stores and through our digital channels,” a representative told the CW affiliate WHDH-TV.

The locations will impact shoppers in Massachusetts, but it’s already known which brand will fill in the space that’s left behind.

It said retailers such as Walmart, Costco, Home Depot, and Target, could be among the winners.

The sporting giant Dicks will be opening new locations.

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Greg Smith

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Greg Smith

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